A number of recent letters to the editor show the typical American naivete as far as our country's energy picture. They seem to think that by some sort of manipulation, America can again control the world's oil supply. The facts show a different picture.
The United States uses more than 26 percent of the world's daily oil production while being only less than 5 percent of the world's population. Our proven reserves amount to less than 2 percent of the world's reserves.
For the past 20 years we have been drilling more and finding less. Worldwide, we peaked in oil exploration 20 to 30 years ago.
While the 20th century was the American Century, the 21st seems to be destined to be Asia and the Middle East. We have squandered our share of the world's resource pie.
Salt Lake City